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Legacy Iron Ore Ltd (AU:LCY)
ASX:LCY
Australian Market

Legacy Iron Ore Ltd (LCY) AI Stock Analysis

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AU:LCY

Legacy Iron Ore Ltd

(Sydney:LCY)

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Rating:44Neutral
Price Target:
AU$0.01
▲(0.00% Upside)
Action:N/ADate:07/19/25
The overall stock score of 44 for AU:LCY is primarily driven by weak financial performance, with significant revenue growth overshadowed by persistent losses and negative cash flows. A stable balance sheet provides some support, but neutral technical indicators and a concerning valuation due to a negative P/E ratio further limit upside potential. Financial performance, as the highest-weighted factor, has the most significant impact on this score.
Positive Factors
Revenue Growth
Strong revenue growth indicates expanding market reach and potential for increased market share in the iron ore sector.
Negative Factors
Profitability Challenges
Ongoing profitability issues highlight the need for improved cost management and operational efficiency to achieve sustainable profits.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth
Strong revenue growth indicates expanding market reach and potential for increased market share in the iron ore sector.
Read all positive factors

Legacy Iron Ore Ltd (LCY) vs. iShares MSCI Australia ETF (EWA)

Legacy Iron Ore Ltd Business Overview & Revenue Model

Company Description
Legacy Iron Ore Limited engages in the exploration, evaluation, and development of mineral properties in Australia. It primarily explores for iron, gold, base metals, tungsten, and manganese, as well as rare earth metals. The company's projects in...
How the Company Makes Money
Legacy Iron Ore Ltd generates revenue primarily through the exploration and potential future mining of iron ore deposits. The company may secure revenue streams from the sale of iron ore products once its projects are developed and operational. Ke...

Legacy Iron Ore Ltd Financial Statement Overview

Summary
Financial performance is mixed with strong revenue growth of over 1900% to $43.3M, but significant concerns arise from a negative net profit margin of -64.5% and deeply negative free cash flow of -$25.0M. The balance sheet offers stability with a low debt-to-equity ratio of 0.001 and a high equity ratio of 76.3%, though asset reduction is a concern. The score reflects growth potential offset by profitability and cash flow risks.
Income Statement
35
Negative
Balance Sheet
65
Positive
Cash Flow
20
Very Negative
BreakdownTTMMar 2025Mar 2024Mar 2023Mar 2022Mar 2021
Income Statement
Total Revenue56.16M43.34M2.08M50.00K0.000.00
Gross Profit49.80M28.75M2.08M-11.16K-82.50K-51.75K
EBITDA-7.00M-19.33M-9.53M2.07M-923.10K-636.50K
Net Income-13.37M-27.95M-9.59M2.01M-1.01M-693.13K
Balance Sheet
Total Assets37.29M37.96M47.22M25.61M23.61M24.21M
Cash, Cash Equivalents and Short-Term Investments10.98M11.14M15.26M9.74M7.51M10.34M
Total Debt0.0018.47K49.77K82.29K24.00K69.62K
Total Liabilities10.39M9.01M12.31M288.79K290.53K322.43K
Stockholders Equity26.90M28.94M34.90M25.32M23.32M23.89M
Cash Flow
Free Cash Flow-6.88M-25.02M-13.50M579.48K-2.33M-2.80M
Operating Cash Flow-6.85M-16.60M-9.95M2.01M82.50K-648.49K
Investing Cash Flow-13.26M-15.47M1.83M3.79M-8.30M-1.80M
Financing Cash Flow22.18M22.18M16.78M-41.24K-45.61K2.94M

Legacy Iron Ore Ltd Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
61
Neutral
$10.43B7.12-0.05%2.87%2.86%-36.73%
50
Neutral
AU$1.75B-12.21-33.71%149.43%1.20%
49
Neutral
AU$238.64M-8.18-11.15%-88.89%
46
Neutral
AU$75.76M-27.51-4.25%54.26%
46
Neutral
AU$135.02M-23.96-23.79%-280.00%
45
Neutral
AU$186.36M-5.58-8.25%-55.56%
44
Neutral
AU$64.46M-8.96-47.87%94.53%63.16%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:LCY
Legacy Iron Ore Ltd
0.01
0.00
0.00%
AU:MTH
Mithril Resources Ltd
0.41
0.08
24.24%
AU:EQR
EQ Resources Limited
0.35
0.30
721.43%
AU:ORN
Orion Minerals Limited
0.03
0.02
123.08%
AU:AGE
Alligator Energy Ltd
0.04
0.02
68.00%
AU:FHE
Frontier Energy Limited
0.24
0.08
50.00%

Legacy Iron Ore Ltd Corporate Events

Legacy Iron Ore Transitions Mt Celia Gold Project to Owner-Led Development Strategy
Dec 18, 2025
Legacy Iron Ore Ltd has concluded Phase I mining operations under the Right to Mine Agreement at its Mt Celia Gold Project and is shifting focus toward an owner-led development strategy, including plans for on-site heap leach processing infrastruc...
Legacy Iron Ore Reports Progress in Key Projects for September 2025 Quarter
Oct 30, 2025
Legacy Iron Ore Limited has reported significant progress in its South Laverton and Mount Bevan projects for the quarter ending September 2025. In the South Laverton Project, the company executed six ore sales to Paddington Mill and completed a dr...
Legacy Iron Ore Ltd Reports Quarterly Cash Flow with Investment Focus
Oct 30, 2025
Legacy Iron Ore Ltd’s quarterly cash flow report for the period ending September 30, 2025, shows a net cash inflow from operating activities, with receipts from customers slightly exceeding production and administrative costs. However, the c...
Legacy Iron Ore Ltd Releases Interim Financial Report for September 2025
Oct 29, 2025
Legacy Iron Ore Ltd has released its interim financial report for the six-month period ending September 2025. The report provides insights into the company’s financial performance during this period, although specific details about the impac...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jul 19, 2025